Gold miners fall as bullion prices edge lower on firmer US dollar
XLB•Gold miners fell as spot gold slipped 2.5% to $4,038.86 an ounce, with hotter-than-expected US inflation data lifting the dollar and Treasury yields.
XLB•Gold miners fell as spot gold slipped 2.5% to $4,038.86 an ounce, with hotter-than-expected US inflation data lifting the dollar and Treasury yields.
Newmont shares fell 3.6% and Barrick Mining dropped 4.7%. US-listed shares of Gold Fields, AngloGold Ashanti, Harmony Gold and Sibanye Stillwater fell between 3.8% and about 6%.